Transactions: Stream Global Services

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • October 01, 2009
  • Exclusive financial advisor to Stream on its combination with eTelecare through a stock-for-stock merger
  • $305 million

The combination of Stream with eTelecare, a premium provider of business process outsourcing solutions that specializes in customer relationship management, created a global BPO business with a diversified Fortune 1000 customer base, an experienced executive team, a comprehensive BPO services portfolio and complementary capabilities with technical and product leadership across a wide range of industries. As a result of the stock-for-stock combination, the Stream shareholders, which included Ares Management, owned 57.5% of the combined entity and the eTelecare shareholders, which included Providence Equity Partners and Ayala Corporation, owned 42.5% of the new company.